Festi hf.: Buyback program week 47
27 11월 2023 - 6:00PM
Festi hf.: Buyback program week 47
In week 47 2023, Festi purchased in total 210,000 own shares for
total amount of 37,957,500 ISK as follows:
|
Week |
Date |
Time |
Purchased shares |
Share price |
Purchase price |
|
47 |
20.nov |
13:17:27 |
70.000 |
180,75 |
12.652.500 |
|
47 |
21.nov |
14:35:05 |
70.000 |
180,5 |
12.635.000 |
|
47 |
23.nov |
12:12:24 |
70.000 |
181 |
12.670.000 |
|
|
|
|
210.000 |
|
37.957.500 |
The execution of the buyback program is in accordance with the
Act on Public Limited Companies No 2/1995, Article 5 of the
Regulation of the European parliament and of the Council No.
596/2014, on market abuse, the Commissions Delegated Regulation No.
2016/1052 and the Act on Actions against Market Fraud No.
60/2021.
Before the purchase Festi held 3,016,966 own shares or
0.99% of issued shares. Festi has now bought in total
3,226,966 own shares for 596,590,925 ISK and holds today
3,226,966 own shares or 1.06% of issued shares. This announcement
of purchase of own shares is in accordance with the buyback program
announced 21 July 2023 to Nasdaq OMX Iceland. The program
envisages the buyback of a total of 3,500,000 own shares or 1.15%
of the issued shares, with the cap of 600 million ISK purchase
price.
For further information contact Magnús Kr. Ingason, CFO of Festi
hf. (mki@festi.is).
N1 Hf (LSE:0QIS)
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